Companies lose billions of dollars every year in employee productivity due to vision problems. The vision issues the majority of these employees have are easy to correct. However, eye care and corrective treatments are expensive. Since most Americans do not have vision insurance, they cannot afford to pay for the vision care they need. Annual policy premiums are much more affordable than paying upfront for eye exams, corrective lenses or expensive treatments. In addition to this, there are several good reasons to obtain and keep vision insurance.
Early Detection Eye doctors recommend annual exams for everyone. In addition to providing updated prescriptions for contact lenses or glasses, these exams are also beneficial for early detection of serious eye conditions. Glaucoma, macular degeneration and cataracts are some examples of serious issues that are easier to treat when they are detected early. If serious conditions are left untreated, they may be impossible to treat in the future. Some are capable of causing blindness. Fortunately, many plans cover the majority of required treatments for these conditions.
Comprehensive Eye Care One annual exam is covered by most vision insurance plans each year. They usually also cover the majority of the cost of corrective lenses, lens fittings or glasses. While some plans cover 100 percent of these necessities, there may be restrictions. For example, colored contacts may not be covered if they exceed the annual maximum allowance for corrective lenses. During this exam, the doctor checks to see if vision specifications have changed. For example, a person whose last visit was four years ago might find that he or she needs a stronger prescription for glasses. Wearing outdated glasses or contact lenses will cause eye strain and headaches. Eye doctors can also detect many other non-vision health problems by a comprehensive exam. High blood pressure, diabetes, brain tumors and neurological conditions are examples of conditions that commonly show signs in the eyes. To detect the possibility of such issues, an eye doctor must dilate the pupils.
Affordable Out-Of-Pocket Costs Over 100 million Americans require contact lenses or glasses to correct their vision deficiencies, which are usually categorized as farsightedness or nearsightedness. Providing corrective measures for Americans costs about $150 billion each year, which is mostly paid out of customers’ pockets. Although not all vision plans cover 100 percent of exams and corrective aids, they usually cover a significant portion of the costs. In most cases, the benefits are enough to make people who need new glasses obtain them instead of using old ones.
Business Advantages Since employees with vision coverage are likely to use their benefits, companies offering vision insurance in a benefits package enjoy saving a great deal of money on lost productivity. However, employees who do not have coverage and neglect their vision needs are more likely to make costly mistakes on the job or miss work. They are also more likely to get into auto accidents and miss work. To avoid these issues, it is important for companies to offer affordable coverage with adequate provisions. The cost of providing vision insurance for employees is affordable in comparison with the cost of lost work and costly mistakes made by employees with vision problems.
Letting vision quality deteriorate also causes unnecessary burdens on the American healthcare system. If everyone maintains adequate coverage and takes advantage of yearly benefits, this burden could be lessened. Individuals and companies are responsible for making these changes, so discuss the available vision insurance options with an agent today.